Systematic Approach To Value Your Assets
Developing, running, maintaining, and selling assets in a cost-effective manner is referred to as asset management. Every business should maintain the track of its assets. As a result, its stakeholders will know which assets are accessible to be used to generate the best potential profits.
Map your physical, virtual, and cloud networks automatically with Mindscape’s inventory management software. Powerful auto-discovery and configurable asset types enable us to completely document all your IT assets across your infrastructure. The IT Asset Management Software manages all the IT equipment like Desktops, Laptops, Phones, Printers, Copiers, Scanners, Software Licenses and other software assets.
The Value Proposition
Asset Discovery
Asset Tagging & Data Capturing
Data & Insights
Asset Maintenance & Life Cycle
Asset Discovery - & The WHY ?
From small local businesses to the largest global enterprises, all companies need to track & monitor their physical assets. Asset Inventory costs are often a major investment decession, with additional ongoing expenses for asset tracking, repairs and maintenance and replacement. Implementing the right asset management software can have significant impact on the operation cost resulting in better margin
Asset Discovery - The Gem
Verification of physical assets by an expert consultant
Radius – The complete Asset Management
Requirements on regulatory, accounting and MIS reporting
Tagging make your company more productive.
Business benefits of asset tagging
The Asset Tags : Serial, Bar or QR Code
The Process we follow
The Practices we have in place
What is Asset Discovery ?
Asset discovery is the process to manually verify your company’s physical assets, Factual Checking by an specialist consultant, you will know the total cost of ownership of assets to your company, from desktop, laptops to large equipment & office furnitures till pantry assets. Physical asset verification provides the real time data at your finger tips.
This includes: Identifying the fixed asset, Cost evaluation, Product life cycle cost, cost-benefit analysis, disposal value of the asset and more.
What Assets should be tagged ?
- IT equipment (Desktops, Laptops, Phones)
- Office furniture (Chairs, Tables)
- Manufacturing Equipment (Industrial area)
- Printers, Copiers, Scanners, MFP's
- Software Licenses; Used and Un-used
- Safety Equipment and medical equipments
- And more...
Radius; The Complete Asset Management Software
- Manage inventory
- Manage work orders
- Manage service requests
- Track important asset details
- Track and schedule preventive maintenance
Benefits of asset tracking?
- Better accountability
- Accurate Books of Accounts
- Planning for future growth
- Maintaining certifications
- Lower administrative costs
Two main reasons for asset management:
1. Requirements on regulatory, accounting and MIS reporting
2. To ensure assets are managed as per the standards, with best practices & accurate info in most acceptable way possible.
When your company has more number of physical assets, it’s important to know their operating condition, physical location & Ownership. If Physical assets are used in the field, they may undergo repairs, sold, updated, removed or even stolen.
The Asset Management systems help you to manage your physical assets and allow you to make informed decisions regarding physical inventory.
Centralized Management of all assets for seamless governance.
Why Asset Management ?
Primary Benefits of Asset Management System
- Maximize employee and equipment efficiency
- Reduce equipment downtime through better planning
- Prevent theft and enhance security of items
- Help meet possible compliance requirements
Secondary Benefits of Asset Management
- All Asset info available in one touch point (software)
- Near to zero disparity between book value vs physical asset value
- Seamlessly manage asset movement across different locations
- Improve operational efficiency and track performance
- Measure and monitor product life-cycle costs
- Efficiently forecast Purchase, Finance, & Operational challenges
Asset Management - Framework
- A policy framework in place for Asset Management
- To let know what assets are owned
- The current asset condition & expected life span
- Where money is spent; maintenance, renewal & operations
- Knowing long-term funding requirements
- Referral documentation for future Asset Management Plans.
Tracking your assets and collecting their data using our asset tag (Serial, Bar or QR Code) has proven to be faster, less expensive and more accurate than manual data collection processes. Our specially to built durable asset tags and to remain readable in the toughest environments. We help you manage your physical assets with your logo and our custom design which could be part of your Branding.
The Processes & The Practices
- Physically presence of the consultant in the client premises
- Physical Asset Verification and Capturing the Asset details
- Fixed Asset Tagging with QR Code / Bar Code / RFID Tags
- Fixed Asset Data Reconciliation with Finance Asset register
- Periodical Audit of these Assets during certain interval
Our Clients
